Noteworthy Friday Option Activity: FDX, CRM, AVGO
May 24, 2019 at 15:17 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FedEx Corp (FDX), where a total volume of 10,626 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.5% of FDX's average daily trading volume over the past month, of 2.0 million shares..